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The Bishops Avenue N2

London

£5,000,000

Listed on 16/05/2026

Property Details

Bedrooms
5
Type
Detached
Area
5730 sqft

Description

Nestled within the prestigious Bishops Avenue, this five-bedroom residence sits on a substantial corner plot and boasts considerable potential for modernisation or redevelopment. This property presents an exciting opportunity for those interested in creating a tailored family home that reflects their personal style. Currently, the house offers a spacious layout with three versatile reception rooms, ideal for both formal gatherings and relaxed everyday living, allowing new owners to reimagine the interior according to their needs. With five generously sized bedrooms and four bathrooms already present, the house is designed with large families in mind, balancing convenience and comfort from the very start. A standout feature of this property is its extensive scope for extension or full redevelopment, pending necessary planning permissions (STPP). The ample corner plot opens up possibilities for expanding the existing space, whether it be through enhancing the kitchen-diner, adding additional reception areas, or increasing bedroom count. This flexibility not only empowers you to design a home that suits your lifestyle but also enhances its value. Additionally, the property offers secure off-street parking for multiple vehicles behind gates, adding to its appeal as an investment opportunity.

Investment Analysis

(N2 area)

Above Market Value

This property is priced +13.0% above area average per sq ft

+13.0%
This Property
£873/sq ft
Area Average
£773/sq ft
Avg Rent (weekly)
£551
Avg Yield
2.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£4,869,068
10% above area average per sq ft
Potential ROI
-7.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (N2)

Area prices are falling by -7.3% over the last 12 months
3 year growth: -14.0%
5 year growth: -4.6%
Investment Disclaimer: Analysis based on N2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

The Bishops Avenue N2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£17,838
Based on a loan of £3,750,000 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

Price History

-16.0% since listed
£5,000,000£950,000(-16.0%)
15/05/2026
Current price
£5,950,000Initial listing
26/03/2026

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